re: I'm seeing a bargain with this stock, what am I missing?

quote:

---

quote:

---

In the meantime, they reduce property values around their stores, and then when whatever deals they've made are up and their tax burden increases, they close up shop and move to the next town, leaving an eyesore of a building and unemployed people behind.

---

Examples, please with a link.
I'm pretty sure you're making this up. Prove me wrong.

---

Why? Every link has a link with a counter example. But I'll bite.

As for reduced property values... if you were going to buy one of two identical residential properties, one right next to a Walmart and one not, which would be worth more?

And now, links:

Walmart fights over 1/3 of its property assessments, and wins half the time.

Walmart always, always, always, always works out deals on property taxes with municipalities that are in desperate need of an economic boost. And abandoned Walmarts are everywhere. It's hard to repurpose a huge concrete building with no windows, though lately some towns are having luck turning them into libraries and churches and whatnot. But if you need a link to a study specifically about Walmart's practice of running stores until it becomes more profitable to abandon them in favor of building a new store with new tax breaks, I'm sorry, but you're just going to have to put two and two together like many others have and like common sense dictates.